|
|
|
|
|
Last Trade
|
Last Trade:
$7.35
|
Change:
-0.56 (-7.08%)
|
Trade Time:
Apr 01
|
Market Cap:
$1.76B
|
|
|
|
|
|
|
Description of Business
|
|
We are the second largest publicly-traded lodging real estate investment trust
("REIT") with a diverse portfolio of market-leading hotels and resorts with
significant underlying real estate value. We were originally formed as Hilton
Hotels Corporation, a Delaware corporation, in 1946 and existed as a part of one
of Hilton's business segments. On January 3, 2017, Hilton Parent completed the
spin-off that resulted in our establishment as an independent, publicly traded
company. As of February 27, 2020, our portfolio consists of 60 premium-branded
hotels and resorts with over 33,000 rooms, primarily located in prime United
States ("U.S.") markets with high barriers to entry. Over 86% of our rooms are
luxury and upper upscale and all of our rooms are located in the U.S. and its
territories.
|
|
|
|